Friday 27 January 2012

Ferragamo: preliminary revenues +26.2%

 Preliminary data revenues for 2011 of Salvatore Ferragamo amounted to 986.5 million euros, an increase of +26.2% compared to 2010. This press release yesterday by the company in a press release.

the fourth quarter of 2011, the statement continues, growth in revenues over the same period of 2010, was 23.0% at current exchange rates rising from 231.8 million euros to 285.2 million euros.

the full year 2011, all regions, except Japan, have seen growth near or above is 30.0% at current exchange rates, both at constant exchange rates. The Asia Pacific confirms the first market in terms of revenues for the group with a turnover of 357.7 million euros, up 33.5% over the previous twelve months, thanks to the contribution of direct stores that have registered on the Chinese market in particular an increase in sales around 44% over the same period of 2010. In the fourth quarter 2011 growth in the Asia Pacific region was 28.2%.

The area has experienced in Europe during the twelve months 2011 revenues increased 30.8% over the same period last year. In the fourth quarter of 2011, the increase was 35.7%. The area of ​​North America grew by 27.2% compared to 2010 and in the fourth quarter of 2011, the increase was 19.1%, retail at substantially the same scope.

Today, after the dissemination of preliminary data, the title Ferragamo party decided to raise the Milan Stock Exchange.

How to store, instead, to December 31, 2011, the retail distribution channel of the Salvatore Ferragamo group could count on 323 directly operated stores, while the travel retail and wholesale channel of 270 flagship stores operated by third parties.

Photo: Salvatore Ferragamo



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